Portland is fortunate to have Portland State University (PSU) as an integral part of our community. Each quarter the Portland State University Center for Real Estate publishes a Real Estate report, which is a collaborative effort by the Oregon Association of Realtors and PSU Center for Real Estate. This comprehensive report covers the local economy as well as housing statistics and trends in commercial and residential real estate in Oregon and Southwest Washington

You can find copies of the report at:


Another interesting statistical type Real Estate report is done by an reputable organization called DataQuick. Their quartterly report on the Portland Market is well worth your time studying. As you compare the Portland market with other areas of the country, you will discover why many of us remain optomisitc about the Portland market. Thankfully what is happening in other parts of the country does not seem to be holding true for our Portland Real Estate market. Although we may have the largest inventory of housing on the market since 2002, housing continues to appreciate. In January of 2007, the median sales price of a Portland home was $275,000. That’s a significant increase from January of 2006 when the median price was $245,800. In January of 2007, the average sales price of a Portland home was $322,900. In January of 2006, meanwhile, the average sales price was $297,700.

Let me repreat - while some parts of the US market may be in a slight decline, the Portland Real Estate market remains strong.